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IAG and IHG still face a fragile comeback

After the chaos of the past two-and-a-bit years, most households would love to have a break from everyday life and enjoy a taste of paradise. Travel companies have been patiently… The post IAG and IHG still face a fragile comeback appeared first on London Business News | Londonlovesbusiness.com.

Market mood changes amid heavily selling in US

The market mood seems to have turned on a sixpence. Investors had initially taken Fed chair Jay Powell’s guidance that a 0.75 percentage point increase in rates was unlikely as… The post Market mood changes amid heavily selling in US appeared first on London Business News | Londonlovesbusiness.com.

Shell profit beats expectations amid windfall tax talk

Like BP, Shell will have done nothing to quieten voices calling for a windfall tax on the oil and gas sector after its latest update – with profit coming in… The post Shell profit beats expectations amid windfall tax talk appeared first on London Business News | Londonlovesbusiness.com.

April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

UK new car registrations fell by -15.8% to 119,167 units in April, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Despite showrooms being open… The post April new car market declines -15.8% as supply constraints see 2022 outlook downgraded appeared first on London Business News | Londonlovesbusiness.com.

Revealed: The biggest money laundering scandals

Money laundering is a major concern for businesses and financial institutions across the world and even the biggest companies struggle to stop it from happening. To illustrate the damage being… The post Revealed: The biggest money laundering scandals appeared first on London Business News | Londonlovesbusiness.com.

Premier League stars pay nearly £13m to the tax man

Research from tax refund experts, RIFT Tax Refunds, reveals how much tax is paid by Premier League footballers revealing that, while some might consider them to be overpaid prima donnas, they… The post Premier League stars pay nearly £13m to the tax man appeared first on London Business News | Londonlovesbusiness.com.

FTSE dips after bank holiday break

After the UK dozed through the drama of flash-crash Monday on the markets, the FTSE 100 certainly remained half-asleep on Tuesday when UK stock trading reopened after the bank holiday.… The post FTSE dips after bank holiday break appeared first on London Business News | Londonlovesbusiness.com.

BP’s numbers to boost windfall tax talk

BP’s first quarter results will do nothing to quell talk of a windfall tax on oil and gas companies,” says AJ Bell investment director Russ Mould. The oil giant might… The post BP’s numbers to boost windfall tax talk appeared first on London Business News | Londonlovesbusiness.com.

Nearly 40% Brits worried about hitting financial milestones

Over a third (36%) of consumers believe the cost-of-living crisis will prevent them from hitting financial milestones, according to a new poll by interactive investor. The poll of over 3,000… The post Nearly 40% Brits worried about hitting financial milestones appeared first on London Business News | Londonlovesbusiness.com.

MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy

It is still widely expected that the MPC will raise the Bank Rate (from 0.75% to 1.0%) at its May meeting (announcement 5 May). However, the minutes of the March… The post MPC expected to increase Bank Rate to 1.0% in May despite recessionary concerns over tighter policy appeared first on London Business News |…

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